Steven Harris BARRED From FINRA (Transamerica Financial)

According to publicly available documents, Steven Harris, a former financial adviser to Transamerica Financial Advisors, Inc., disclosed two regulatory events: termination and expulsion from the securities industry. The Financial Industry Regulatory Authority (FINRA) is the authority that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints, disputes, …

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source https://financialadvisorcomplaints.com/steven-harris-barred-from-finra-transamerica-financial/

Worden Capital Fined $1.5M for Churning in Customer Accounts

Worden Capital Management has been sanctioned over $1.5M by the Financial Industry Regulatory Authority (FINRA) for lapses in supervision leading to churning, or excessive trading, in customer accounts. Of this, $1.2M is in restitution to customers whose accounts suffered commission payouts on account of the excessive trading done by the firm’s representatives, while the balance …

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source https://financialadvisorcomplaints.com/worden-capital-fined-1-5m-for-churning-in-customer-accounts/

CFP Board Suspends UBS Broker Joseph Whitney For Fraud

Joseph M. Whitney of Mahwah, New Jersey, is no longer registered as a broker advisor. According to his report on the Financial Industry Regulatory Authority website BrokerCheck, he was an adviser to UBS from January 2009 to May 2020. After leaving UBS, he became a representative of Wedbush Securities in June 2020 and left the …

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source https://financialadvisorcomplaints.com/cfp-board-suspends-ubs-broker-joseph-whitney-for-fraud/

Former JP Morgan Broker Trevor Rahn Suspended By FINRA

Before he was discharged in September 2018 for “unacceptable practices (by the representative) relating to the timing and size of orders entered and resulting transaction charges in a client account and relating to the marking of certain orders for the account as unsolicited,” as indicated on his FINRA broker profile, Trevor Rahn was a registered …

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source https://financialadvisorcomplaints.com/former-jp-morgan-broker-trevor-rahn-suspended-by-finra/

Gerald Eaton (Heritage Financial Group) Sentenced For Stealing $3.8 Million From Clients

As a certified financial planner, 51-year old Gerald Eaton advised clients and invested their funds. He conducted business under the name of Heritage Financial Group, with an office in Acton. $3.8 million is the amount Gerald Allen Eaton is estimated to have cheated clients out of, over a 20-year period, from 1999 (estimated) right up …

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source https://financialadvisorcomplaints.com/gerald-eaton-heritage-financial-group-sentenced-for-3-8-million-from-clients/

Edmund Zack Aegis Capital Broker Fined and Suspended

A Letter of Acceptance, Waiver, and Consent (“AWC”) has been agreed between the Financial Industry Regulatory Authority (FINRA) and Edmund Zack, formerly a broker with Aegis Capital Corporation, on March 19, 2021. The AWC covers the following findings of FINRA: Excessive and Unsuitable Trading and Unsuitable Stock Recommendations It was recommended to a customer who …

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source https://financialadvisorcomplaints.com/edmund-zack-aegis-capital-broker-fined-and-suspended/